Harmony and Balance

Wait 5 sec.

Harmony and BalanceS&P 500SP:SPXVerityAxisTradingFilter the noise. Headlines have flooded social media and caused so much confusion as they're intended to do. Let's be honest, very few people think we're in a healthy environment right now. So let's consider the case. SPX just finished a textbook 5 Wave leg down starting on 25 February 2026. 30 March 2026 gave us our local low and began a textbook a-b-c corrective wave though c is extended, on a measly 27% of the volume of the entire first leg down. While this would qualify as a deeper correction as it is beyond the .786 fib, it is still respecting the geometry of the Gann fan and the Gann box with a violent reversal as we approached the 0.5 with proper accelerations at 0.382 time reference, hesitance at a convergence point with the 2:1 trend and the 0.5 box level, and what we will soon find out, another acceleration at 0.618 on the time scale. This box was drawn on a 90 day cycle and it appears the waves are following a 30 day cycle which would tell me the 120 day analysis would look a bit cleaner (check for yourself). The gap above the 200DMA historically doesn't suggest strength and gives us reason to anticipate this thing to rollover. As we stay in Harmony, and maintain balance, we're setting up perfectly for a proper ABCD pattern or a much more sinister Wave 3 of a larger cycle.